Price for Electrical Fuses for over 1000 V in Australia - 2024
Contents:
- Price for Electrical Fuses for over 1000 V in Australia (CIF) - 2022
- Price for Electrical Fuses for over 1000 V in Australia (FOB) - 2022
- Imports of Electrical Fuses for over 1000 V in Australia
- Exports of Electrical Fuses for over 1000 V in Australia
Price for Electrical Fuses for over 1000 V in Australia (CIF) - 2022
In 2022, the average import price for electrical fuses for over 1000 v amounted to $4 per unit, reducing by -7.6% against the previous year. In general, the import price, however, enjoyed strong growth. The pace of growth was the most pronounced in 2017 an increase of 49% against the previous year. Over the period under review, average import prices attained the maximum at $4.3 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Mexico ($4 per unit) and the United States ($4 per unit), while the price for the Dominican Republic ($4 per unit) and Hungary ($4 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+22.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Fuses for over 1000 V in Australia (FOB) - 2022
The average export price for electrical fuses for over 1000 v stood at $3.5 per unit in 2022, with an increase of 11% against the previous year. In general, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for electrical fuses for over 1000 v decreased by -21.6% against 2020 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 105% against the previous year. As a result, the export price attained the peak level of $4.9 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Papua New Guinea ($3.5 per unit) and Saudi Arabia ($3.5 per unit), while the average price for exports to Malaysia ($3.5 per unit) and South Africa ($3.5 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Fuses for over 1000 V in Australia
Imports of electrical fuses for over 1000 v into Australia totaled 1.1M units in 2022, picking up by 2.9% compared with 2021. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 12% against the previous year. Imports peaked at 1.2M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of electrical fuses for over 1000 v shrank to $4.6M in 2022. Over the period under review, imports, however, showed a pronounced shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 12% against the previous year. Over the period under review, imports of attained the maximum at $5M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Electrical Fuses for over 1000 V in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 847 | 856 | 711 | 1,550 | 22.3% |
| Germany | 1,218 | 1,023 | 2,026 | 801 | -13.0% |
| United States | 981 | 459 | 522 | 737 | -9.1% |
| Japan | 0.9 | 333 | 462 | 495 | 719.3% |
| China | 132 | 201 | 424 | 294 | 30.6% |
| Spain | 51.1 | 130 | 105 | 210 | 60.2% |
| Hungary | 255 | 155 | 271 | 206 | -6.9% |
| Dominican Republic | 922 | 663 | 3.7 | 1.2 | -89.1% |
| Others | 618 | 462 | 285 | 283 | -22.9% |
| Total | 5,025 | 4,283 | 4,809 | 4,576 | -3.1% |
Top Suppliers of Electrical Fuses for over 1000 V to Australia in 2022:
- Mexico (387.3K units)
- Germany (200.3K units)
- United States (184.2K units)
- Japan (123.6K units)
- China (73.5K units)
- Spain (52.4K units)
- Hungary (51.6K units)
- Dominican Republic (0.3K units)
Exports of Electrical Fuses for over 1000 V in Australia
After three years of growth, shipments abroad of electrical fuses for over 1000 v decreased by -31.3% to 195K units in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +5.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +16.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 47% against the previous year. As a result, the exports attained the peak of 285K units, and then dropped significantly in the following year.
In value terms, exports of electrical fuses for over 1000 v contracted remarkably to $692K in 2022. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 26% against the previous year. Over the period under review, the exports of hit record highs at $910K in 2021, and then reduced rapidly in the following year.
| Export of Electrical Fuses for over 1000 V in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | N/A | N/A | N/A | 284 | 0% |
| New Zealand | 261 | 172 | 428 | 272 | 1.4% |
| Burkina Faso | N/A | N/A | N/A | 15.8 | 0% |
| United Arab Emirates | N/A | N/A | 1.0 | 14.9 | 1390.0% |
| Saudi Arabia | N/A | N/A | 0.3 | 14.0 | 4566.7% |
| Papua New Guinea | 11.7 | 5.5 | 9.3 | 13.4 | 4.6% |
| Indonesia | 12.4 | 12.9 | N/A | 13.3 | 2.4% |
| South Korea | 0.1 | 0.1 | 267 | 7.6 | 323.6% |
| South Africa | 223 | 0.7 | 1.2 | 2.1 | -78.9% |
| Germany | N/A | 114 | N/A | 0.5 | -93.4% |
| Mexico | N/A | 531 | 4.9 | N/A | -99.1% |
| Italy | 78.6 | N/A | N/A | N/A | 0% |
| Israel | N/A | N/A | 114 | N/A | 0% |
| Others | 107 | 39.6 | 84.6 | 54.6 | -20.1% |
| Total | 693 | 876 | 910 | 692 | -0.0% |
Top Export Markets for Electrical Fuses for over 1000 V from Australia in 2022:
- Brazil (80.2K units)
- New Zealand (76.8K units)
- Burkina Faso (4.5K units)
- United Arab Emirates (4.2K units)
- Saudi Arabia (4.0K units)
- Indonesia (3.8K units)
- Papua New Guinea (3.8K units)
- South Korea (2.2K units)
- South Africa (0.6K units)
- Germany (0.1K units)
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